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What about Chile? We have a real democracy, when we bailed out the banks in 1982 the bank boards got thrown out on the street and the taxpayers got all the sha
by daniel-cussen 18y ago
What about Chile? We have a real democracy, when we bailed out the banks in 1982 the bank boards got thrown out on the street and the taxpayers got all the shares and made a profit, and there is still rule of law. Entrepreneurs effectively pay no taxes. We have a democracy and have our shit together.
- jfarmer 18y agoHe's not arguing for "real democracy" -- he's arguing against democracy altogether. He believes that capitalism and democracy are mutually incompatible. Maybe Chile is a counterexample, I don't know, but I don't think he's looking to salvage democracy. He's looking to jettison it.